Bob Jones

Bank of America: A Risky Bet That May Be Worth It - Barron's

I pretty much agree with everything being said but
what I have done and i am an financial planner is
take this opportunity to invest in a basket of stocks
such as BAC , JPM , and WFC. I consider these investments
good risk reward ratio's and I only invest the right
amount of money (what you can afford to lose) if you
hit just one that will do it for you and finally I do
agree if you don't want to try and guess which ones to
buy then you buy XLF and UYG. I think now is the time
if you have any long term horizon to place your bets
this is how the wealthy in most cases achieved their
wealth during the trying times.

Here's What's Wrong with the Banking Sector

Most banks have been moving money every quarter to the loan loss
reserves and are preparing to take the loss. Not all banks have these
toxic loans so lets not lump all banks into this category. Finally the
government has the time and money to hold these types of loans
long enough to see a recovery and will buy most of these loans from
the banks. In conclusion if Wall street becomes toxic then put your
hot dog stand into a truck and move to another area don't give up.

Sentiment Overview: Good Odds for a Rally?

I dare say the last blogger is SHORT this market and has an
ax to grind. I say u buy the following ten stocks and if u have
any long term TIME-FRAME u will make money.
MSFT.WMT,PM,TROW,NOC,G... AND LAST
BUT NOT LEAST RDS-A

Some Positives About Municipal Bond ETFs

IF YOU BELIEVE THAT STATES WILL BEGIN DEFAULT AT THE RATE
YOU ARE SUGGESTING MAYBE ITS TO TIME PULL OUT COMPLETELY!!
howeve I believe the likelyhood the government will not allow that to happen
is more likely, so my conclusion is the MUNI market is very attractive at this
point and time and if you go into for example: FRANKLIN Federal Tax
Free Fund (FKTIX) which has an attractive yield tax free you will be in a
Fund Family with many other attractive choices if you choose to change
courses at a later date (at no cost to you on an exchange)

More Unstable Value Funds?

These comments are all well and good but if you are managing
money on a large scale moving to a money market yielding less
than 1% gaurantees a negative return and your clients will be long
gone. I agree with the idea using investment grade bond funds
which currently yield approximately 6% or better example:
closed-end fund MCR and the Bond Fund Of America ABNDX.
(FOOD FOR THOUGHT)

Stocks: Is the Tide Turning?

This is a dangerous trading market, if you have time and money
start buying slowly for the long haul. I believe history and it tells
me buy quality and don't follow the masses , look for growth &
income vehicles. (example: MSFT,GE and XOM),
GOOD LUCK!!